Farmland Partners (STU:0FA) Cyclically Adjusted PS Ratio: 6.08 (As of Sep. 15, 2026) — Near Median

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STU:0FA Farmland Partners Inc STU:0FA
68 GF Score
Price €9.30
GF Value €9.55
Valuation Fairly Valued
! 6 Warning Signs
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What is Farmland Partners Cyclically Adjusted PS Ratio?

Farmland Partners STU:0FA +1.09% 68 Cyclically Adjusted PS Ratio is 6.08 as of Sep. 15, 2026, which is 2% below its 10-year median of 6.22. GuruFocus rates STU:0FA with a GF Score™ of 68/100 and a GF Value™ of €9.55 (Fairly Valued). The stock has 6 warning signs investors should review. Among 544 REITs companies, Farmland Partners ranks worse than 54.96% on this metric.

As of today (2026-09-15), Farmland Partners's current share price is €9.30. Farmland Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.53. Farmland Partners's Cyclically Adjusted PS Ratio for today is 6.08.

The historical rank and industry rank for Farmland Partners's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:0FA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.36   Med: 6.22   Max: 8.41
Current: 6.16

During the past years, Farmland Partners's highest Cyclically Adjusted PS Ratio was 8.41. The lowest was 5.36. And the median was 6.22.

STU:0FA's Cyclically Adjusted PS Ratio is ranked worse than
54.96% of 544 companies
in the REITs industry
Industry Median: 5.635 vs STU:0FA: 6.16

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Farmland Partners's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.186. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €1.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Farmland Partners  (STU:0FA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Farmland Partners Cyclically Adjusted PS Ratio Related Terms


Farmland Partners Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Farmland Partners's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Farmland Partners Cyclically Adjusted PS Ratio Chart

Farmland Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 6.89 7.22 6.67 5.02

Farmland Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.87 5.52 4.94 6.22 5.49

STU:0FA vs LAND, NLCP, SELF: Cyclically Adjusted PS Ratio Comparison

For the REIT - Specialty subindustry, Farmland Partners's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmland Partners Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Farmland Partners's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Farmland Partners's Cyclically Adjusted PS Ratio falls into.


STU:0FA
68GF Score
Farmland Partners Inc STU:0FA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Farmland Partners Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Farmland Partners's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.30/1.53
=6.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Farmland Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Farmland Partners's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.186/333.9520*333.9520
=0.186

Current CPI (Jun. 2026) = 333.9520.

Farmland Partners Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.455 241.428 0.629
201612 1.660 241.432 2.296
201703 0.251 243.801 0.344
201706 0.321 244.955 0.438
201709 0.312 246.819 0.422
201712 0.294 246.524 0.398
201803 0.276 249.554 0.369
201806 0.295 251.989 0.391
201809 0.335 252.439 0.443
201812 0.213 251.233 0.283
201903 0.311 254.202 0.409
201906 0.201 256.143 0.262
201909 0.300 256.759 0.390
201912 0.283 256.974 0.368
202003 0.358 258.115 0.463
202006 0.324 257.797 0.420
202009 0.311 260.280 0.399
202012 0.323 260.474 0.414
202103 0.316 264.877 0.398
202106 0.268 271.696 0.329
202109 0.263 274.310 0.320
202112 0.322 278.802 0.386
202203 0.270 287.504 0.314
202206 0.230 296.311 0.259
202209 0.244 296.808 0.275
202212 0.342 296.797 0.385
202303 0.219 301.836 0.242
202306 0.180 305.109 0.197
202309 0.220 307.789 0.239
202312 0.311 306.746 0.339
202403 0.232 312.332 0.248
202406 0.222 314.175 0.236
202409 0.253 315.301 0.268
202412 0.357 315.605 0.378
202503 0.214 319.799 0.223
202506 0.163 322.561 0.169
202509 0.223 324.800 0.229
202512 0.328 324.054 0.338
202603 0.200 330.213 0.202
202606 0.186 333.952 0.186

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 6.08 mean?
Farmland Partners (STU:0FA) has a Cyclically Adjusted PS Ratio of 6.08 as of Sep. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Farmland Partners and its competitors. This is near median its historical median of 6.22. Over the past decade, Farmland Partners' Cyclically Adjusted PS Ratio has ranged from 5.36 to 8.41. According to the industry distribution chart, Farmland Partners ranks #299 out of 544 companies in the REITs industry, placing it in the top 55%.
Is Farmland Partners' Cyclically Adjusted PS Ratio too high?
Farmland Partners' current Cyclically Adjusted PS Ratio of 6.08 is near median its 10-year median of 6.22. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 8.41. The REITs industry median Cyclically Adjusted PS Ratio is 5.64. Farmland Partners' value of 6.08 is 7.9% above this industry median. Based on the distribution chart, Farmland Partners ranks #299 out of 544 companies in the REITs industry, which is below the industry midpoint. Overall, Farmland Partners has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' Cyclically Adjusted PS Ratio compare to LAND and NLCP?
According to the REITs industry distribution chart, Farmland Partners ranks #299 out of 544 companies for Cyclically Adjusted PS Ratio. This places Farmland Partners in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.64. Farmland Partners' value of 6.08 is 7.9% above this benchmark. Historically, Farmland Partners' own Cyclically Adjusted PS Ratio has ranged from 5.36 to 8.41 over the past decade. While the company's 10-year median is 6.22 vs. the industry median of 5.64, Farmland Partners has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.64, based on 544 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmland Partners's current Cyclically Adjusted PS Ratio of 6.08 is 7.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Farmland Partners and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmland Partners's current Cyclically Adjusted PS Ratio is 6.08, which is near median its own 10-year median of 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (STU:0FA) is currently considered Fairly Valued. The stock's GF Value™ is €9.55, compared to a current price of €9.30 — trading 2.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.08, which is near median its 10-year median of 6.22 and 7.9% above the REITs industry median of 5.64. Farmland Partners' overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Farmland Partners (STU:0FA), the current Cyclically Adjusted PS Ratio is 6.08 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Farmland Partners (STU:0FA) Overvalued in 2026?

Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued. The current stock price of €9.30 is trading 2.6% below its estimated GF Value™ of €9.55. GuruFocus considers Farmland Partners to be Fairly Valued.

Key valuation signals for STU:0FA:

  • Cyclically Adjusted PS Ratio: 6.08 (near median its 10-year median of 6.22)
  • GF Value™: €9.55 vs. price of €9.30 (2.6% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 7.9% above the REITs median (#299 of 544)

No single metric tells the full story. See the STU:0FA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Farmland Partners Business Description

Industry Real EstateREITs
Other Exchanges FPI:USA
Address 4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
68GF Score

Get the complete analysis for STU:0FA

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.30
Price
€9.55
GF Value